The financial holding firms said they wish to rank higher against the global competition by not competing with each other
The company noted that loungewear and athleisure products were highly in strong demand as people have to stay at home.
There is a growing demand for ready-to-eat products around the globe due to the pandemic-led lockdowns
Why Microgaming Dominates the Slot Game Market
Name one casino software provider more popular than Microgaming. Okay, NetEnt is quite famous. But Microgaming has remained at the top of the industry for nearly 25 years. Few providers can brag of such a record.
While the Isle of Man-based company offers all kinds of casino games, it’s most popular for providing slots. Below we examine Microgaming and why its slots are popular in the world’s best online casinos.
Gigantic Progressive Jackpots
Let's start with the number one reason why people search for Microgaming slots. The company's slots can win you millions of dollars. In 2008, a man playing Microgaming's Mega Moolah slot game won $5.5 million, the biggest ever jackpot ever won on an online casino at the time.
In 2009, someone else won €6.35 million playing the same game. Since then, more than 10 people have won at least $1 million playing the Mega Moolah jackpot. The biggest win happened last year, a world record worth €18.96 million.
Mega Moolah is not the only Microgaming slot with progressive jackpots. Major Millions, a different slot holds regular jackpots. Players qualify to enter the jackpots even with bets as little as 50 cents. The slot’s ever highest jackpot was worth €1.8 million.
King Cashalot, a fruit slot, also holds occasional progressive jackpots, the highest of which was a €1.5 million win. While not everyone gets to win the big amounts, a lot of people win hundreds or thousands of dollars playing the jackpots.
With people winning such huge amounts, new and experienced gamers are always trying their luck on the slots. Even those who dislike slots will play them to take a shot at the progressive jackpot. Microgaming also does a wonderful job of publicizing the wins to ensure as many people as possible learn about the jackpots.
Top-Shelf Game Quality
There are more than 10 popular casino game providers. Yet, the best casinos tend to choose Microgaming, NetEnt, and Playtech more often. Game quality matters and Microgaming is one of the top companies that provide quality games consistently.
Having been in the industry for more than two decades, Microgaming has the financial muscles required to develop great games. Whether it's a simple fruit slot or a brand game with a complex storyline, Microgaming always brings out fantastic games.
From graphics to storylines, gameplay to ease of playing, Microgaming doesn't take chances in ensuring it provides games players are proud to play multiple times. Its focus on quality above everything is probably the main reason the company is considered to be the best slot provider in the industry.
To give you a bit of an idea of the variety, slots.info has 400 Microgaming slots in one place to help new gamers view or play some of the games free of charge. From Game of Thrones to Pharaoh’s Fortune, Mega Moolah to Thunderstruck, all the top games are available. Playing casino games helps you evaluate their quality before you decide whether to place real money bets on them.
New Games every Month
Hardly a month passes without a new Microgaming slot. Releasing new products is a tried and tested strategy and the UK-based software provider seems to have aced it. While not every new slot becomes popular, the games help popularize Microgaming.
Imagine the number of games the company has released since 1994. Even if it released two slots per month, 24 slots every year for 24 years amounts to 576 games. If you played each slot per day, it would take you 19 months to play them all.
Predictably, the company’s progressive jackpot slots are its most popular games. Mega Moolah is supported by almost every casino worth joining. Both Cash Splash and Fruit Fiesta have been popular for years. Games with frequent win rates like Kathmandu and Thunderstruck are also popular.
Prestigious Branded Games
Owning games with the biggest progressive jackpots is not a big enough feat for Microgaming. To ensure the brand is always on people's mind, Microgaming regularly makes and brand games inspired by blockbuster movies and pop culture.
Games like Jurassic World, Terminator 2, Game of Thrones and Lost Vegas are not offered by everyone. Only Microgaming owns the rights to make them, something that helps strengthen the company’s brand.
Branding slot games not only help the company's brand but it also helps attract a growing generation of gamblers: millennials. Before the 2000s, slot players loved the simple nature of the games. They comfortably played fruit and sports-themed games.
But as the generations that loved simple slots grow old and quit playing, casinos have to keep up with changing demands. Millennials aren’t interested in fruit slots. If anything, most of them are drawn by skill-based games or at least slots inspired by things they love.
Branded slots are fast becoming millennials favorite games. And if Microgaming continues to dominate this scene, it will continue dominating the slot industry decades to come.
High Payout Rates
Playing slots online come with higher payout rates than playing at brick and mortar casinos. Still, wouldn’t you want to play the best paying slots? Microgaming has one of the highest Return to Player (RTP) rates in the industry.
Win Sum Dim Sum, one of the most popular Microgaming slots, has a 98% payout rate. Most of the company’s slots average a payout rate of 97%, a phenomenal record. NetEnt leads in RTP with games like Megah Joker having a 99% RTP.
The average software developer supports games with payout rates of between 90% and 95%. That’s impressive! But with an RTP average of 97%, few casinos or players can resist Microgaming’s slots. Keep in mind the company’s gigantic jackpots and game variety.
Microgaming is arguably the best online slot provider in the casino world. Based in the Isle of Man since 1994, few companies have been in the business longer. The company sets itself apart from the competition in many ways.
Almost of Microgaming’s slots are quality games. They have great graphics and gameplay. The company’s best games are used by all top casino sites. Some of them also run progressive jackpots as big as €18 million. There are many more reasons to love Microgaming but in simple terms, it's a company that values both players can casino owners.
This article does not necessarily reflect the opinions of the editors or management of EconoTimes.